Discuss the tax implications to the employer

Discuss the tax implications to the employer

At least 200 words for this and references if outside resources are used.

In regards to a qualified plan, discuss the tax implications to the employer, and the tax implications to the employee

, of the following three situations:

(1) The employer makes a qualified plan contribution.

(2) The qualified plan trust earns investment income or capital gains.

(3) Retirement distributions are made to a qualified plan participant.

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………………..Answer preview……………….

A qualified plan is established to give employees of a company a tax break. If the plan allows the employees to save their salary through deferment for the future, then the scheme reduces the current income of the employee and Overally reduces the taxable income………………

APA

255 words

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